The Tech Sector Has Been Booming Lately. Here's One ETF Investors Should Add to Their Portfolios.
There are 11 main sectors that companies fall into, but none may be as popular to investors as the tech sector. For the past couple of decades, it has been the face of growth, propelling many tech companies' valuations. As of the end of April, seven of the 10 most valuable companies in the world are tech companies.
Given this sector's success, it makes sense that investors would want in on the action. However, instead of investing in individual companies and taking on their risks, a good route would be investing in a broad tech exchange-traded fund (ETF).
If you want to get exposure to many top players in the tech sector, the Invesco Nasdaq 100 ETF (NASDAQ: QQQM) is a good go-to to get exposure to the index by that name: the Nasdaq-100.
Source Fool.com
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